For your protection​?.................from Rico

OANDA has just announced a 'trading lockout' for FOREX traders this coming Sunday. Trades will be 'frozen' from 0600 to 1500 EST 0n 17 jun 2012.
- Gotta 'protect' traders from themselves, dontcha know?

Hmmmm.

Greek elections take place Sunday, and the front-running candidate doesn't bode well for the EUro.
- If he is elected, you'll see a 'drop' in the value of the EUro. Probably would be a 'bad' thing if traders were allowed to sell into that drop, making things worse, accellerating the crash...putting out fire with gasoline, and all that.
- If he loses (or has an 'accident') you'll likely see the EUro pop.

There will be serious money to be 'made' by a few connected insiders, and 'lost' by locked-out traders.
- Too bad. So sad.

Either way, locking traders out of their accounts because you are expecting a 'crisis' is both:
- 1. A sign of the times.
and
- 2. Pure crap!

This is NOT good.